The Ascent, a leading personal financial services evaluator, rated KuCoin the best cryptocurrency app of 2022. The Ascent is a flagship product of The Motley Fool, a world-renowned private financial and investment advisory firm. Ascent scored KuCoin crypto exchange based on pricing, coin selection, customer ratings, KYC regulations, security features, and wallet availability.
Organizations like Ascent and Forbes have recognized the platform’s growing solid volume and user base in recent years. They named KuCoin Exchange one of the most delicate cryptocurrency exchanges last year. According to the most recent survey, KuCoin Exchange will have ten million members from 207 countries by December 2021.
KuCoin Exchange Information:
KuCoin Exchange, known as the People’s Exchange, was founded in 2017. It’s a cryptocurrency exchange with more than 10 million users in 207 countries. Over 600 digital assets and 1100+ trade pairs are available on the Exchange. Fiat trading, spot trading, lending, crypto derivatives, and margin trading are currently available.
Exchange of People Culminating in the Defi Evolution Incubator:
KuCoin Exchange has brought over 640 crypto jewels to light and supports over 1100 trade pairs. The platform was dubbed the “People’s Exchange.” It is now more than just a People’s Exchange; it also facilitates DeFi’s various innovative initiatives.
KuCoin Labs, the Exchange’s investment and research division, recently announced a $100 million fund to support the defi ecosystem and metaverse projects. Despite its wide-ranging endeavors, the KuCoin Exchange staff remains grounded, cranking out enhancements to its trading tools, its main selling point. Let’s look at those in this 2022 review.
KuCoin Exchange Features That Make It Truly User-Friendly:
KuCoin Exchange’s user-friendly layout allows users to easily navigate the platform, from purchasing cryptocurrency to studying various trading techniques. Trading bots and social trading help the new crypto trading platform gain a feel for the market without prior knowledge. Here’s a rundown of KuCoin Exchange’s user-friendly features.
On-ramping is simple. Fiat Chrysler Automobiles:
As of 2022, KuCoin Exchange accepts a variety of fiat to crypto on-ramping payment methods, including USD, EUR, AUD, INR, CAD, GBP, and others. KuCoin Exchange supports 51 fiat currencies, with 36 European currencies added lately.
Visa, MasterCard, ApplePay, and SEPA debit and credit card purchases are supported on the platform. KuCoin is a peer-to-peer exchange that accepts bank transfers and 20 various payment methods. Debit, credit, Visa, Mastercard, ApplePay, and SEPA cards are all accepted. Users can also obtain bitcoins instantaneously with KuCoin Exchange’s fast buy option.
Before you consider opening a KuCoin account, you should know one major caveat: KuCoin is not licensed to operate in the United States. There is no possibility of utilizing KuCoin in the United States, but it does make it more difficult and risky. KuCoin is only for skilled US traders who seek access to coins or trading capabilities not available on other exchanges.
Standard financial industry Know Your Customer (KYC) disclosures are not available to users in the United States. As a result, customers in the United States cannot be confirmed and are subject to various restrictions, including lower daily withdrawal limits.